Tesla’s stock has climbed more than 8% following optimistic forecasts from prominent investor Gary Black, who cited multiple growth catalysts for the electric vehicle maker in 2025. The key drivers of growth include:
Tesla Shares Spark Wednesday Movement: What's Behind the Fluctuation
Tesla, Inc. stock is trading higher on Wednesday, driven by recent data from Kelley Blue Book. The automotive research company ranked some of Tesla’s electric vehicles among the top of its “10 Best-Selling EVs in 2024” list.
Tesla to Halt Production on Refreshed Model Y Lines in Shanghai for 3 Weeks
Electric vehicle giant Tesla Inc. plans to suspend parts of its manufacturing lines in Shanghai dedicated to producing the refreshed Model Y SUV. The suspension is scheduled to last for approximately three weeks, coinciding with the Chinese New Year.
Elon Musk Faces SEC Lawsuit Over Alleged Concealment of Twitter Holdings
The U.S. Securities and Exchange Commission (SEC) has initiated a lawsuit against Elon Musk, accusing him of failing to disclose his substantial stake in Twitter, now rebranded as X.
Tesla Model Y Refresh Sees 50,000 China Reservations on Day One, Boosting 2025 Prospects
The electric vehicle leader, Tesla Inc, is off to a promising start with its new Model Y refresh in China. The company recently unveiled the refreshed Model Y, which will be available in China and other select markets, aiming to increase its electric vehicle share in the region.
TSLA Sees 3% Pre-Market Surge on Tuesday: What's Behind the Rise?
Tesla Inc. stock experienced a significant rise of 2.68% on Tuesday during pre-market hours. This uptick was driven by a combination of factors, including a revised price target from Morgan Stanley and advancements in Tesla’s Full Self-Driving (FSD) technology.
Cybertruck Popularity Comes with a Price: Tesla's Model S and X US Sales Suffer Amid Strong Demand for New Electric Pickup
The rise of Tesla’s Cybertruck has had a significant impact on the company’s other luxury offerings, including the Model S sedan and the Model X SUV. According to recent data, Tesla’s Model S sales dropped by 31% to 12,426 units last year, while Model X sales decreased by 20% to 19,855 units.
Tesla Surpasses Audi as Global Sales Leader Amid 12% Drop in Audi Deliveries
German automaker Audi delivered approximately 1.7 million vehicles worldwide last year, marking a 12% decline. This decline allowed American EV giant Tesla Inc. to overtake Audi in global vehicle sales.
Biden Administration Denies Tesla's $100 Million Electric Truck Charging Grant Application
The Biden administration has rejected Tesla’s application for a $100 million grant to fund a big-rig charging corridor. This decision has been met with disappointment from Tesla’s CEO, Elon Musk.
Tesla's AI and Robotaxi Ambitions Fuel Bullish Outlook Despite Mixed Market Indicators
Tesla Inc. is navigating a challenging market landscape, with its stock price experiencing a decline of nearly 12% over the past month. However, analysts such as Morgan Stanley’s Adam Jonas remain optimistic about the company’s future prospects.